Congresswoman Susan Davis Supports Bipartisan Budget Agreement
Congresswoman Susan Davis (D-San Diego) voted for the Bipartisan Budget Agreement (BBA) before the House today. The budget deal provides a two-year relief from budget cuts, known as sequestration, which have been holding the economy back. It also protects seniors from huge Medicare premium increases and prevents a 20 percent cut in disability benefits for millions of Americans.
“This bipartisan agreement is promising progress for working families and the American people,” said Davis. “Ultimately, the permanent end to sequestration, along with the economic uncertainty it creates, would have been preferable. However, this budget does provide critical investments in medical research, infrastructure, early education, and national security. I hope other issues facing Congress, such as long-term funding of the Highway Trust Fund, immigration reform, and funding the federal government to avoid a shutdown, will get similar bipartisan action in the future.”
Along with setting two-year spending priorities, the BBA also affirms the full faith and credit of the United States by extending the debt limit through March 15, 2017, avoiding a disastrous default.
Medicare and Social Security are strengthened under the agreement. A 52 percent jump in Medicare premiums expected to hit seniors in 2016 is averted. It also prevents an expected 20 percent cut in Social Security disability payments by ensuring the disability insurance trust fund does not run out at the end of 2016.
Yesterday, Davis voted to reauthorize the Export-Import Bank, which provides support to U.S. export companies helping them to compete internationally. San Diego is home to dozens of export/import companies supporting thousands of jobs.